Economic Crisis


Economists Dismiss Egypt Bankruptcy Claims as Political

Dispelling media myths, misinformation and rumors to the contrary, economy experts and consultants assure Egypt's future features robust development and massive investment projects.

Islamists Vow Support for Egypt Economy

Showing their support for the country’s stumbling stock market, Egypt’s political powers, including Islamists, have thrown their weight behind boosting the nation’s economy, the Daily News Egypt reported.

SCC: Political Corruption Impact of Central Government Corruption

A recent report by the Social Contract Centre (SCC), an affiliate of the Cabinet's Information and Decision Support Centre, has noted that there are types of political corruption.

MB’s Statement on Tunisia’s Uprising and the Demands of the Egyptian People

A recent statement by the Muslim Brotherhood has asserted that the group believes immediate reform is necessary if Egypt is not to follow suit in Tunisia's historical uprising witnessed worldwide.

Egypt: 42% of Population Living under Poverty Line

According to an official report, the number of Egyptians living below the poverty line in all governorates has risen from 55, 40 per cent in 2004/05 to 69, 41 per

Islamaphobia Rapidly Spreads Through Europe By Pepe Escobar, Asia Times

Last Saturday, German Chancellor Angela Merkel stunned the world by declaring, in front of young members of her party, the Christian Democratic Union (CDU), that multiculturalism - or multikulti, as

Overdose: The Next Global Financial Crisis [Video]

This is the story of the greatest financial crisis we will ever see… The one that is on the way.

The dollar’s metamorphosis

Christopher King argues against suggestions by UN and US economists that countries should switch their reserve currencies from the dollar to the IMF’s Special Drawing Rights, or SDRs, which he

Ponzi Nation

The wave of financial crime may have peaked in 2005 or 2006, but the detritus of such collapsed schemes has left regulators and investigators ever busier. Almost four times as

Talking economics, politics, development and the future of Egypt with Magdy Sobhi

Magdy Sobhi, 52, is the Deputy Director and economist at the al-Ahram Center for Political and Strategic Studies, speciailizing in the Egyptian economy and the oil and gas sector in